Central Banks Seek an Edge in a Game They Can’t Win
The “Chance” square is seen on a Hasbro Inc. Monopoly board game arranged for a photograph taken with a tilt-shift lens in Oradell, New Jersey, U.S. (Photographer: Ron Antonelli/Bloomberg)

Central Banks Seek an Edge in a Game They Can’t Win

(Bloomberg Opinion) -- Monetary-policy specialists are furiously exploring ways to improve central banks’ effectiveness, particularly should economies fall into a recession — a risk heightened by t...
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